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Channel Development ManagerIMF

3.00 to 8.00 Years   Hyderabad   03 May, 2019
Job LocationHyderabad
EducationNot Mentioned
SalaryRs 4.5 - 8 Lakh/Yr
Industrynsurance
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

Max Life Insurance - Urgent Hiring - for IMF ChannelCTC - From 4 Lacs - Up-to 8.5 LacsJob Description - Channel Development Manager-IMFReporting To - Regional Manager -IMFBand 4/4AJob Summary:Implement the strategy to setup and develop the IMF Channel in the designated territory. Setup and manage a pool of 10-15 Insurance Marketing Firms managing a revenue stream.Key Responsibilities/ Key Deliverables:Understand the IMF regulation, value proposition & registration processIndependently implement the IMF acquisition plan in the territoryIdentify potential leads and sources for prospective IMFs, coordinate with HO for referred leadsConnect with prospects & organize seminars for IMF acquisitionEnsure conversion of leads through effective pitch of IMF value propositionEnsure quality of IMFs in sync with desired profileEnable the setup of IMF of agreed prospectsUnderstand all regulatory requirements and manage the IMF registration process with IRDAOversee technology support to enrolled IMFsEnsure seamless contracting of IMFs with Max LifeManage performance of setup IMFs in steady stateDevelop understanding of products & coach IMF staff on product USPsImplement a performance management and rewards systemDrive IMF profitability through improving productivity of IMFs sellers & controlling cost of salesProvide marketing, training and operational support to IMFsManage attrition of IMFs through revival or replacementDrive quality of business sourced from IMFsEnsure right product mix and control key quality measures such as leakage and persistencyMeasures of Success:IMF AcquisitionRevenueIMF Activity & RetentionQuality of BusinessJob Specifications:Educational Background: Preferably a graduateWork Experience: At least 4 years of experience in Sales & Distribution, Key Account ManagementKnowledge & Skill Matrix.Additional Information (Optional):Key RelationshipsNature of the RolePresenceCommercial AspectCross Functional SkillsMail CV to mitali.mondal@meravyapaar.com or whats app CDM - IMF to 7044318373 and we will get back to you.

Keyskills :
salesifeinsurancechannelsalesagencychannelchanneldistributionbusinessdevelopment

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